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red states

Red States Stand to Benefit From a ‘Layer Cake’ of Tax Breaks From Inflation Reduction Act

The new law has stackable tax credits, including an “energy communities” bonus to help places that lost fossil fuel jobs, that could reduce clean energy project costs by 40% to 70%.

By Dan Gearino

An ENGIE employee walks past solar panels at the ENGIE Sun Valley Solar project in Hill County, Texas, on March 1, 2023. Credit: Mark Felix/AFP via Getty Images

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